iShares U.S. Energy ETF (NYSEARCA:IYE) announced a quarterly dividend on Wednesday, March 25th, Wall Street Journal reports. Shareholders of record on Thursday, March 26th will be paid a dividend of 0.2608 per share on Tuesday, March 31st. This represents a $1.04 annualized dividend and a yield of 6.66%. The ex-dividend date is Wednesday, March 25th.
NYSEARCA:IYE traded up $0.52 on Thursday, hitting $15.66. 23,998 shares of the company’s stock traded hands, compared to its average volume of 1,281,528. iShares U.S. Energy ETF has a 1 year low of $12.13 and a 1 year high of $37.48. The firm has a 50-day moving average price of $23.23 and a 200-day moving average price of $29.54.
About iShares U.S. Energy ETF
iShares U.S. Energy ETF (the Fund), formerly iShares Dow Jones U.S. Energy Sector Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance of the Dow Jones U.S. Oil & Gas Index (the Index). The Index measures the performance of the oil and gas sector of the United States equity market, and includes companies in industry groups, such as oil and gas producers, and oil equipment, services and distribution.
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